People Incorporated Common StockPPLI
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People Incorporated Common Stock Goldman Sachs Communacopia + Technology Conference 2026

Review the key takeaways and the transcript of this earnings call.

Period 2026Duration34 minParticipants2

Transcript

Preview the first fifteen paragraphs, organized by speaker.

Neil VogelCEO

The only way I can be there for her is if we can do that.

Neil VogelCEO

Yeah. That's his love language.

Neil VogelCEO

That's what he is. That's his thing.

Eric SheridanAnalyst

It's great. All right, I think we'll get started here.

Eric SheridanAnalyst

My pleasure of having People Inc. this year at the conference. Neil Vogel, CEO. Thank you for having us.

Eric SheridanAnalyst

I have a brief bio. Hopefully, I don't embarrass you too much. Neil Vogel, the CEO of People Inc., owner of People, America's largest publisher, holder of a significant minority stake in MGM Resorts, and Turo, a leading car rental marketplace. In addition to serving as CEO, Mr. Vogel continues to lead the strategic direction and day-to-day operations of the People Inc. subsidiary, which under his leadership, has grown from what was IAC's acquisition of About.com to the largest digital and print publisher in the U.S., featuring 40 plus iconic brands. With that out of the way All correct.

Eric SheridanAnalyst

It's great. I'm glad I got it right. Thanks for being part of the conference this year.

Neil VogelCEO

Great to be here. Thanks for having us.

Eric SheridanAnalyst

I want to start big picture. Obviously, the company's been undergoing a pretty significant reorg over the last several months. But you've been part of it for a very long time. For those investors that are getting reacquainted to the story, how would you frame People Inc.'s investment narrative and some of the reorgs that's been going on?

Neil VogelCEO

Yeah. I'll keep it simple because we'll probably get into more detail later.

Neil VogelCEO

Yeah. We're really doing three things.

Neil VogelCEO

We are focused on executing at a very high level at People Inc. I think we've done a pretty good job as of late. Made 11 straight quarters of revenue growth, all kinds of things we'll talk about. The second thing we're doing is focusing on the assets that matter most to us and investing behind our assets, which is People Inc. and which is MGM Resorts International, which we're very excited about, and obviously there's a lot going on around there that we can maybe talk a little bit about.

Neil VogelCEO

Yeah. The third thing we're doing is we're taking a look at the rest of our portfolio and trying to rationalize the rest of the things, turn some things into cash, continue the integration and some saving of some corporate costs.

Neil VogelCEO

And with all of it, we hopefully, once we're able to, we'll be buying back a bunch of shares, too. There's a real clear path to value creation. It's executing People Inc., investing in the two big businesses we believe in, getting liquidity out of the rest of the things we do, and just being opportunistic like we always have been.

Eric SheridanAnalyst

Pretty significant shift away from the old IAC model.

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